07960 Home Values & Market Trends
There are 152 homes currently listed for 07960. 07960 real estate market trends show that home prices range from $340,000 to $9,950,000, and the median sales price in the 07960 zip code is $905,499.8. The total number of properties sold within the past twelve months is 466. In 07960, 41 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
07960 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Morristown | $ 881,253 $ 397/sqft |
Housing Market Summary for 07960
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $628K | $893.8K | 42.32% |
| Median Sold Price | $816.6K | $893.8K | 9.45% |
| Homes For Sale | 39 | 145 | 271.79% |
| Homes Sold | 277 | 241 | -13.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07960
Browse Homes in 07960
The median list price of a home in Morristown, is $905,499.8. A total of 152 properties are for sale, and the percentage of properties for sale in the zip code is 78.76%. The total count of 07960 properties is 12,492.
- Pre-ForeclosurePre-foreclosure homes account for 0.31% of all residential properties in 07960 with Morristown containing 39 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07960; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,770,000 in Morristown to the lowest home value of $288,900 in Morristown.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07960 ranges from the highest value of $1,594,750 in Morristown to the lowest value of $1,594,750 in Morristown. Bank owned homes and properties account for 0.01% of properties in 07960. There is 1 cities within 07960; Morristown containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMorristown has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07960. Auction homes and other auction properties account for 0.01% of all properties in 07960. There is 1 cities within 07960; of that cities, the median estimated home value for homes going to auction ranges from $950,900 in Morristown to the lowest value of $950,900 in Morristown.